In Bihar, ﻿Income Tax Department has auctioned 18 flats of a person convicted in the 1996 infamous multi-crore fodder scam. The concerned person is Tripurari Mohan Prasad, who owes Rs 44 crore to the state. Auction of the flats is one of the first steps towards recovering that amount. Each flat costs anything between Rs 37 lakh and Rs 47 lakh. A supplier to Animal Husbandry Department of Bihar, Prasad is in jail since 2012.

12-Sep-2014Politics

TMC Feels uneasy as CBI increases Pressure

Fiery Trinamool leader Mamata Banerjee has started flexing muscles as CBI grilled and arrested key suspects associated with Saradha scam, one of the biggest financial scams in the history of India. Woman’s wing of TMC carried out a dharna in front of CBI’s Kolkata Office. Meanwhile the court gave 5-day custody of ex-DGP and TMC leader Rajat Majumdar to CBI, which questioned TMC Rajya Sabha MP Srinjoy Bose for the second consecutive day.

12-Sep-2014Politics

Nirupam Demands Disqualification of Adityanath from Parliament

Congress has demanded disqualification of the controversial BJP leader and Uttar Pradesh MP Yogi Adityanath. AICC secretary Sanjay Nirupam﻿, while interacting with the press, said that Adityanath should be disqualified from his Lok Sabha membership because he violated law inspite of orders from the Election Commission.

12-Sep-2014Business

Rs 2 lakh crore Infrastructural Projects in the Offing

Transport Minister Nitin Gadkari has said the Union Government is planning to launch infrastructure projects to the tune of Rs 2 lakh crore, equivalent to $32.9 billion, in the current year. Improving infrastructure in India has became a necessity and through these projects the government wants to upgrade ports, railways, and pathetic roads of India.

12-Sep-2014Others

Execution of Nithari Killer Stayed till October 29

Supreme Court has issued a stay order on the execution of Nirhari killer, Surinder Koli, till October 29, 2014. In the recent past, the apex court had issued stay order on his execution for one week. Earlier in 2014, on July 27, President Pranab Mukherjee had rejected mercy petition of Koli who raped and killed children in Noida’s Nithari village.

12-Sep-2014Science and Technology

NASA and ISRO Scients are in Talks over Joint Mars Working Group

Officials of ISRO and NASA are interacting over a possible Joint Mars Working Group. Mars Atmosphere and Volatile Evolution (MAVEN﻿) spacecraft is all set to enter orbit of the red planet in a couple of days. NASA is discussing with Indian scientists of ISRO to forge scientific collaboration between the two space agencies.Director of Planetary Science Division, Science Mission Directorate of NASA, James Green, feels that a joint venture will result in accumulation of numerous data that will help in solving mysteries related to atmosphere of Mars.

Sports Authority of India (SAI) and sports ministry have expressed shock over the decisions of some star tennis players Sania Mirza, Leander Paes, and Rohan Bopanna skipping from representing India at the Asian Games, which will start on September 19, 2014. As per media reports, these seasoned players have skipped Asian tournament because they want to participate in WTA Tour events and better their ATP rankings.

12-Sep-2014Business

Government Expecting $100 Billion of Investment in Renewable Energy Sector

Power, Coal and Renewable Energy Minister Piyush Goyal has revealed his goverbment's plans to formulate a new policy framework that will attract investment to the tune of $ 100 billion in the next four ears. Speaking during the Economist India summit in New Delhi, he said that the government is expecting investment amounting to $ 50-60 billion in the coming four years in power transmission and distribution.

12-Sep-2014Business

Surplus Cash of Profitable PSUs Proposed to Revive Sick PSUs

The Government has mooted the idea of using surplus cash, lying idle, of state-owned companies, including the Navaratnas and Maharatnas, for reviving ailing PSUs. To this end, a committee has been formed with NTPC Chairman Arup Roy Choudhury as the head. This committee is entrusted to study the concerned proposal and prepare a complete report on the same in two month’s time.

Ex-CGI Vinod Rai has accused former Prime Minister Manmohan Singh of deliberately choosing to look the other way in 2G scam. He continued saying that the Indian economy and political course of India could have been different if the then PM insisted on transparency. He also accused some Congress MPs of approaching him and asking to keep Manmohan Sing’s name out of the audit report of 2G case. After Vinod Rai, Kamal Nath of Congress also admitted that he wrote letter to the PM warning about the process followed in 2G spectrum allocation.

12-Sep-2014Others

CBI Chief Files Refutes Charges of Compromising 2G Scam Investigation

CBI Chief Ranjit Sinha has filed an affidavit and refuted the charges levelled on him regarding compromise of investigations in some of the biggest financial scams. He has also explained the reasons of meeting some people who are accused in the concerned scams in which CBI is investigating. He categorically mentioned that he met the accused because he has a residential office in the first place and many of the accused didn’t want to visit CBI headquarters to avoid unwanted publicity.

12-Sep-2014Business

Home Ministry's Permission Needed For Issuing Telecom Licenses

Ministry of Home Affairs’s Security Division has proposed Telecom Ministry to seek security clearance from it before they grant telecommunication license to any service provider. This proposal has been given keeping in mind importance of telecom in communication. Currently, telecom department issues licenses and security agencies are consulted just before the services commence.